Schulhoff & Co. Inc. increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 11.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 9,950 shares of the exchange traded fund’s stock after buying an additional 1,000 shares during the period. Schulhoff & Co. Inc.’s holdings in iShares Silver Trust were worth $262,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in SLV. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter valued at approximately $25,000. Key Client Fiduciary Advisors LLC increased its stake in iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 4,825 shares during the period. McClarren Financial Advisors Inc. lifted its holdings in iShares Silver Trust by 3,471.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 972 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter valued at $29,000. Finally, Hantz Financial Services Inc. purchased a new position in shares of iShares Silver Trust in the 4th quarter valued at about $35,000.
iShares Silver Trust Trading Down 1.9 %
Shares of SLV opened at $28.40 on Friday. The firm’s fifty day simple moving average is $28.11 and its 200-day simple moving average is $28.10. The firm has a market capitalization of $13.56 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a twelve month low of $20.45 and a twelve month high of $31.80.
About iShares Silver Trust
iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust.
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Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
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